Thanks for sharing MAC.
How high do you think Net margin will reach? Do you think they will balance out in high 70's like RYM? or head into 80's?
If the net margin balances out surely that would mean a decrease in the % increase of NPAT?
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Thanks for sharing MAC.
How high do you think Net margin will reach? Do you think they will balance out in high 70's like RYM? or head into 80's?
If the net margin balances out surely that would mean a decrease in the % increase of NPAT?
I find it difficult to be too speculative actually. The three companies are all a little different and have slightly different models and strategies.
Around a year ago I moved from Victoria to New Zealand and I can’t help but think that RYM will continue to expand in Vic but not with the same margins that we see within the sector here, higher relative construction costs, very aggressive unionism, and lower labour productivity.
I see no reason though why SUM margins should not also head into the high 70’s low 80’s, it comes down to management doesn’t it and their approach in monitoring and controlling opex.
Looks like the sellers have packed up for Christmas. Some folk may have left their re-entry a little late.
Of course this could be wishful thinking on my part.
Christmas selling pressure had to end sooner or later, personally I thought it would have ended a few days ago.
Bit of a pop today. Who would have thought that a new company secretary would be so well received?
It looks like SUM today may possibly have been helped by the fact that SFWU are not pursing it in the application filed with ERA over low pay.